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Apex Ace Holding (HKSE:06036) Net Cash per Share : HK$-0.75 (As of Jun. 2024)


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What is Apex Ace Holding Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Apex Ace Holding's Net Cash per Share for the quarter that ended in Jun. 2024 was HK$-0.75.

The historical rank and industry rank for Apex Ace Holding's Net Cash per Share or its related term are showing as below:

HKSE:06036's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 9.37
* Ranked among companies with meaningful Price-to-Net-Cash only.

Apex Ace Holding Net Cash per Share Historical Data

The historical data trend for Apex Ace Holding's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apex Ace Holding Net Cash per Share Chart

Apex Ace Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.44 -0.64 -0.64 -0.57 -0.91

Apex Ace Holding Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.69 -0.57 -0.59 -0.91 -0.75

Competitive Comparison of Apex Ace Holding's Net Cash per Share

For the Electronics & Computer Distribution subindustry, Apex Ace Holding's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apex Ace Holding's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Apex Ace Holding's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Apex Ace Holding's Price-to-Net-Cash falls into.



Apex Ace Holding Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Apex Ace Holding's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(86.165-1026.207-37.463)/1075.11
=-0.91

Apex Ace Holding's Net Cash per Share for the quarter that ended in Jun. 2024 is calculated as

Net Cash per Share (Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(111.989-880.4-37.523)/1075.11
=-0.75

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Apex Ace Holding  (HKSE:06036) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Apex Ace Holding Net Cash per Share Related Terms

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Apex Ace Holding Business Description

Traded in Other Exchanges
N/A
Address
6011 Shennan Avenue, 26K, NEO Tower A, Futian District, Shenzhen, CHN
Apex Ace Holding Ltd is a distributor of semiconductors and other electronic components and is engaged in the supply of digital storage products and general electronic components along with the provision of complementary technical support. It focuses on identifying, sourcing, selling and distributing electronic components produced by upstream manufacturers to downstream manufacturers in the Mainland China and Hong Kong. Its Digital Storage products include DRAM, FLASH and MCP memory products, which are applied to multimedia and mobile devices such as set-top boxes, smart TVs, wearable devices, mobile phones. Its General components include switches, connectors, passive components, main chips, sensors, power semiconductors and analog-to-digital converters.
Executives
Best Sheen Limited 2101 Beneficial owner
Nicegoal Limited 2101 Beneficial owner
Lee Bing Kwong 2201 Interest of corporation controlled by you
Lo Yuen Lai 2202 Interest of your spouse

Apex Ace Holding Headlines

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